[ANN] Mincoin Cryptocurrency Project, World's Fastest Rare Altcoin [ANN]

[iamrickrock]

OP, do you have anything to add? Or did you just post this and run? lol

[tacotime]

OP, do you have anything to add? Or did you just post this and run? lol

...with your wallet.    Can someone confirm this is a trojan with a virus scanner or something?

[xXTechmanXx]

kaspersky says nothing but I was just curious because it never loaded a blockchain

[SuperTramp]

OP, do you have anything to add? Or did you just post this and run? lol

Didn't run anywhere. Been trying to get it to work on my Windows7 64bit box but no luck. I have a WindowsXP
box but has a weak nvidia card in it so not worth it. Not sure what the issue is exactly, but was hoping to get in
early, not looking so good now  

[IveGotaHunch]

Work no good. ITZ brokeen

[chiropteran]

kaspersky says nothing but I was just curious because it never loaded a blockchain

I wonder if it's just redirecting our work to it's creator's pool, mining litecoins for him, and sending bogus messages about finding blocks.  I don't see how it can be real without a blockchain download.

[Linux_Worm]

https://www.virustotal.com/en/file/dd1d80802983f99a0490b5c33b9bac12bd9199317795fe6ea63ec64d7bfa0b8b/analysis/1364956016/

Virus total says its clean, but it could also be a FUD trojan.

[tacotime]

kaspersky says nothing but I was just curious because it never loaded a blockchain

I wonder if it's just redirecting our work to it's creator's pool, mining litecoins for him, and sending bogus messages about finding blocks.  I don't see how it can be real without a blockchain download.

That would've been great on April Fool's Day.    I know what I'm doing next April 1st.

[ChaosFox]

I do believe it's clean. Decided to leave it running for a while inside a VM, and lo and behold, it ended up connecting to the network after all. I saw a bit of suspicious traffic, but ended up just being an attempt to bootstrap itself by connecting to the #mincoin00 channel in giraffe.heliacal.net. Also attempted to do a bit of mining, and even though Reaper was claiming they were all stales, the debug.log file suggests some went through. I can put up the log file if anyone's interested in having a look at it, though.

[Mike Christ]

I do believe it's clean. Decided to leave it running for a while inside a VM, and lo and behold, it ended up connecting to the network after all. I saw a bit of suspicious traffic, but ended up just being an attempt to bootstrap itself by connecting to the #mincoin00 channel in giraffe.heliacal.net. Also attempted to do a bit of mining, and even though Reaper was claiming they were all stales, the debug.log file suggests some went through.

I wonder if it's just redirecting our work to it's creator's pool, mining litecoins for him, and sending bogus messages about finding blocks.  I don't see how it can be real without a blockchain download.

Seems to be adding up a bit.

[ChaosFox]

still a blank prompt

It works like bitcoind, you'll have to open up a command line and send commands to it to check what's it doing, the executable's prompt will remain blank. You could also check if there's any trace of a blockchain in "%appdata%/mincoin". In my case, it's indeed connected to... some network, and downloading blocks. In fact, I mined a few, but they were all stales, according to the debug.log.

Code:

BitcoinMiner:
proof-of-work found  
  hash: 000000c4da2c6226ebdc762c5d42211f17de1789d1536d45c0be15fb74d0def1  
target: 000000ffff000000000000000000000000000000000000000000000000000000
CBlock(hash=36360a26303e4c13d5dc, PoW=000000c4da2c6226ebdc, ver=1, hashPrevBlock=4d6ecdddd9856ab273b3, hashMerkleRoot=d9e7dd0930, nTime=1364958312, nBits=1e00ffff, nNonce=1080362816, vtx=1)
  CTransaction(hash=d9e7dd0930, ver=1, vin.size=1, vout.size=1, nLockTime=0)
    CTxIn(COutPoint(0000000000, -1), coinbase 04689c5b510103062f503253482f)
    CTxOut(nValue=50.00000000, scriptPubKey=033dacce7ae6c3ecff6ce51c4b84c9)
  vMerkleTree: d9e7dd0930 
generated 50.00
ERROR: BitcoinMiner : generated block is stale

I'll just poke this around for a while longer, then I'll just go back to mining Litecoins.

EDIT: Finally generated a valid block. Though, I'd still probably check the code thoroughly and compile from source, instead of using some random executable in a .zip file :p

Code:

BitcoinMiner:
proof-of-work found  
  hash: 000000be3e5210d1d5119ba86fdda33d1d2cf7510a56b9dd75d80f375a7c004f  
target: 000000ffff000000000000000000000000000000000000000000000000000000
CBlock(hash=db60713d08da1541cee6, PoW=000000be3e5210d1d511, ver=1, hashPrevBlock=29ea7a52650b27963943, hashMerkleRoot=73044f8d15, nTime=1364958696, nBits=1e00ffff, nNonce=181536064, vtx=1)
  CTransaction(hash=73044f8d15, ver=1, vin.size=1, vout.size=1, nLockTime=0)
    CTxIn(COutPoint(0000000000, -1), coinbase 04e89d5b510101062f503253482f)
    CTxOut(nValue=50.00000000, scriptPubKey=033dacce7ae6c3ecff6ce51c4b84c9)
  vMerkleTree: 73044f8d15 
generated 50.00
keypool keep 4
AddToWallet 73044f8d15  new
connection timeout
SetBestChain: new best=db60713d08da1541cee6  height=2921  work=5423317824  date=04/03/13 03:11:36
ProcessBlock: ACCEPTED

[Shad3dOne]

so is there any special protocol declaration or conf file needed in reaper for this new coin??

im getting 100% stales on bitcoin protocol.

[ChaosFox]

so is there any special protocol declaration or conf file needed in reaper for this new coin??

im getting 100% stales on bitcoin protocol.

I was mining as if it were Litecoin, and it worked. Most will be stales, but any "accepted" shares will be indeed a whole new block found

[iamrickrock]

*To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC

Shouldn't you have generated 500 coins that block?

[BasementMiner!]

*To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC

Shouldn't you have generated 500 coins that block?

I think the rewards are based on the block#. With 1 minute blocks, 60 * 24 = 1440. When I started to mine, the block # was ~500.

Blocks were flying by with the very low difficulty.

Apparently now with the retarget, we're on day 3. Difficulty is too high for my laptop cpu .

[tacotime]

I guess that makes it a pretty epic premine, then.

[iamrickrock]

*To encourage early adoption block values for first 3 days are :- 500 MNC, 100 MNC, 50 MNC

Shouldn't you have generated 500 coins that block?

I think the rewards are based on the block#. With 1 minute blocks, 60 * 24 = 1440.

Apparently we're on day 3.

Mining started at 12:20 GMT April 3 and was announced on IRC and the WWW not long after. There is no premine!

Nope this is the first day

[IveGotaHunch]

So is anyone mining these? think it is safe?

[tacotime]

Nope this is the first day

No, day 3.  The block reward is already 50.

Let's play calculate the premine!

1 block/min

First 24 hours, 1440 blocks at 500 mincoin each = 720,000
Next 24 hours, 1440 blocks at 100 mincoin each = 144,000

Only 10 million mincoins will be made

How generous of the authors to give themselves almost 10% of the total money supply in the first 48 hours!

[iamrickrock]

well ok then apparently it is Apr 5th and I didnt even know it lol

I was just going by the announcement so looks like they began mining a couple days ago?